TSX Venture falls, June 24-28: Aurion, Golden Dawn, Itafos
The S&P/TSX Venture Composite Index fell 1.20% to 585.47 during the June 24-28 trading week. Spot gold rose US$9.90 per oz. or 0.71% to US$1,408.90 per oz. Aurion Resources topped…
Canada
US markets drop, June 24-28: Agnico Eagle, Rio Tinto
The Dow Jones Industrial Average fell 0.45% to 26,599.96 and the S&P 500 Index dropped 0.30% to 2,941.76. Spot gold rose 0.71% or US$9.90 per oz. to US$1,408.90 per oz….
Glencore to support First Cobalt’s refinery in Ontario
First Cobalt (TSXV: FCC; US-OTC: FTSSF) has taken a major step toward becoming the only producer of refined cobalt in North America. The company, which plans to restart its hydrometallurgical…
Pala Investments offers $501M for Cobalt 27
Battery metals-focused Cobalt 27 Capital (TSXV: KBLT; US-OTC: CBLLF) has come a long way since listing on the TSX Venture Exchange in June 2017. The company has a cobalt stream…
Red Pine builds up Wawa project in Ontario
The land package containing Red Pine Exploration’s (TSXV: RPX) Wawa gold project in Ontario hosts numerous historic mines that in their heyday produced more than 120,000 oz. gold. The largest…
Mining Energy Snapshot: Eight juniors active in world’s uranium hotspots
While uranium oxide prices continue to drift in the doldrums, several uranium companies have still raised a bit of money to explore and carry out modest programs. Here is a…
Amex Exploration drills high-grade gold at Perron
After setting up Sulliden Exploration in 1995 and opening an office in Lima in 1996, Jacques Trottier wrote a personal cheque in 2002 to acquire a gold property from a…
Pembridge finally buys Capstone’s Minto mine for US$20M
Fifteen months ago, Pembridge Resources (LSE: PERE) agreed to buy Capstone Mining’s (TSX: CS) Minto copper-gold-silver mine in the Yukon for US$37.5 million in cash, and a 9.9% equity stake….
Interview: Successful gold mining starts with orebody quality, says Barrick’s Mark Bristow
LONDON, UNITED KINGDOM — Mark Bristow, officially installed as president and CEO of Barrick Gold (TSX: ABX; NYSE: GOLD) on New Year’s Day, sat down with The Northern Miner for…
Interview: Avoid becoming ‘roadkill’ on the road to resources, advises Bill Gallagher
Strategist, lawyer and author Bill Gallagher is an expert on Canada’s Indigenous People and their land rights, and how they relate to resource development in the country. Based in Waterloo,…
NexGen builds scale at Arrow
The entire footprint of NexGen Energy’s (TSX: NXE; NYSE-AM: NXE) proposed Arrow mine is smaller than a university campus, but could produce 21% of the world’s uranium once in production,…
Agnico’s Meliadine reaches commercial production
Agnico Eagle Mines’ (TSX: AEM; NYSE: AEM) Meliadine mine — it’s largest gold deposit in terms of resources — achieved commercial production ahead of schedule and below the initial capital…